Retiree Housing Of Birmingham Inc
EIN: 581797084 · Lyndhurst, OH · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $477K |
| Total Expenses | $499K |
| Net Assets | $-637,913 |
Is Retiree Housing Of Birmingham Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Retiree Housing Of Birmingham Inc
Retiree Housing Of Birmingham Inc (EIN: 581797084) is a nonprofit organization based in Lyndhurst, OH, classified under NTEE code L22Z. The organization reported total revenue of $477K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retiree Housing Of Birmingham Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retiree Housing Of Birmingham Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $499K |
| Surplus / Deficit | $-21,516 |
| Total Assets | $551K |
| Total Liabilities | $1.2M |
| Net Assets | $-637,913 |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 215.8% |
| Months of Reserves | 13.2 months |
Financial Health Grade: C
In 2024, Retiree Housing Of Birmingham Inc reported a deficit of $22K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 215.8% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Retiree Housing Of Birmingham Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.5% | +19.3% | -8.2% |
| 2023 | -3.5% | -3.8% | -5.5% |
| 2022 | +1.6% | +3.5% | -0.2% |
| 2021 | +2.5% | +1.7% | -3.6% |
| 2020 | +9.6% | -0.9% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Retiree Housing Of Birmingham Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Retiree Housing Of Birmingham Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 215.8%.
Frequently Asked Questions about Retiree Housing Of Birmingham Inc
Is Retiree Housing Of Birmingham Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Retiree Housing Of Birmingham Inc (EIN: 581797084) insufficient data. 0 red flags identified, 0 strengths noted.
How does Retiree Housing Of Birmingham Inc spend its money?
Detailed spending breakdown data is not yet available for Retiree Housing Of Birmingham Inc. Check back for updated IRS 990 analysis.
Are donations to Retiree Housing Of Birmingham Inc tax-deductible?
Retiree Housing Of Birmingham Inc is registered as a tax-exempt nonprofit (EIN: 581797084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Retiree Housing Of Birmingham Inc located?
Retiree Housing Of Birmingham Inc is headquartered in Lyndhurst, Ohio and files with the IRS under EIN 581797084. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Retiree Housing Of Birmingham Inc have?
Retiree Housing Of Birmingham Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $477K in total revenue.
Filing History
IRS 990 filing history for Retiree Housing Of Birmingham Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Retiree Housing Of Birmingham Inc's revenue has grown by 25.8%, moving from $380K to $477K. Total assets decreased by 43.8% over the same period, from $981K to $551K. Total functional expenses rose by 22.8%, from $406K to $499K. In its most recent filing year (2024), Retiree Housing Of Birmingham Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $551K in assets (debt-to-asset ratio: 215.8%), resulting in net assets of $-637,913.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $477K | $499K | $551K | $1.2M | — | — |
| 2023 | $428K | $418K | $600K | $1.2M | — | — |
| 2022 | $444K | $435K | $635K | $1.3M | — | View 990 |
| 2021 | $437K | $420K | $636K | $1.3M | — | View 990 |
| 2020 | $426K | $413K | $660K | $1.3M | — | View 990 |
| 2019 | $389K | $416K | $695K | $1.4M | — | View 990 |
| 2018 | $405K | $431K | $738K | $1.4M | — | — |
| 2017 | $393K | $436K | $788K | $1.4M | — | View 990 |
| 2016 | $383K | $394K | $835K | $1.4M | — | View 990 |
| 2015 | $388K | $394K | $885K | $1.4M | — | View 990 |
| 2014 | $381K | $417K | $910K | $1.5M | — | View 990 |
| 2013 | $372K | $376K | $961K | $1.5M | — | View 990 |
| 2012 | $380K | $406K | $981K | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $477K, expenses of $499K, and assets of $551K (revenue +11.5% year-over-year).
- 2023: Revenue of $428K, expenses of $418K, and assets of $600K (revenue -3.5% year-over-year).
- 2022: Revenue of $444K, expenses of $435K, and assets of $635K (revenue +1.6% year-over-year).
- 2021: Revenue of $437K, expenses of $420K, and assets of $636K (revenue +2.5% year-over-year).
- 2020: Revenue of $426K, expenses of $413K, and assets of $660K (revenue +9.6% year-over-year).
- 2019: Revenue of $389K, expenses of $416K, and assets of $695K (revenue -4.0% year-over-year).
- 2018: Revenue of $405K, expenses of $431K, and assets of $738K (revenue +3.2% year-over-year).
- 2017: Revenue of $393K, expenses of $436K, and assets of $788K (revenue +2.6% year-over-year).
- 2016: Revenue of $383K, expenses of $394K, and assets of $835K (revenue -1.4% year-over-year).
- 2015: Revenue of $388K, expenses of $394K, and assets of $885K (revenue +1.9% year-over-year).
- 2014: Revenue of $381K, expenses of $417K, and assets of $910K (revenue +2.3% year-over-year).
- 2013: Revenue of $372K, expenses of $376K, and assets of $961K (revenue -1.9% year-over-year).
- 2012: Revenue of $380K, expenses of $406K, and assets of $981K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retiree Housing Of Birmingham Inc:
Data Sources and Methodology
This transparency report for Retiree Housing Of Birmingham Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.